Desert View Point, NV89124

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$522,000
5.5% YoY Growth
Median Household Income
$117,000
16.9% 5-Year Growth
Days on Market
81
106.0% Longer than last year
Home Price Forecast
0.2%
Median Rent
$5,000
4.5% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,800
N/A
3-Bed Rent
N/A
N/A

Property Listings — Desert View Point, NV

As of Aug '25 and according to Realtor.com, the median days on market for a home in Desert View Point, NV is 81. This is an increase of 106.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 25.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$1,150,00024.0%
Listing Count
34N/A
Listings as % of Homes3.3%N/A
Days on Market
81106.0%
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Demographics — Desert View Point, NV

MetricLatest CensusYoY % Change
Population
711-32.4%
% Under 18
17.4%27.9%
% Under 5N/AN/A
% Seniors
22.9%13.4%
% WFH
24.5%155.2%
% w/ College Degree
46.0%21.7%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
74.3%6.3%
% Black
0.3%0.0%
% Hispanic
4.9%-65.7%
% Asian
7.9%49.1%
% Foreign Born
9.3%-62.5%
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Mortgage and Risk — Desert View Point, NV

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Desert View Point, NV in that year was 29. 90.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 56.0%. Of those, 10.0% were >90% loan to value. This is considered elevated, suggesting that mortgage risk is medium in Desert View Point, NV. Investor activity in Desert View Point, NV is low, as 3.0% of all loans are originated by investors. In 2023, 3.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
29N/AN/A
% Conventional Loans
90.0%N/AN/A
% Government Loans
10.0%N/AN/A
% Investor Loans
3.0%N/AN/A
% Second Loans
3.0%N/AN/A
% Cash Out Refinance
3.0%N/AN/A
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Rentals and Section 8 — Desert View Point, NV

As of 2024, the percent of homes in Desert View Point, NV under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,470
2 Bedroom-$50$1,800$1,750
3 BedroomN/AN/A$2,450
4 Bedroom-$2,170$5,000$2,830

Affordability — Desert View Point, NV

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio4.1N/AN/A
Median Home Price$522,000N/AN/A
Median Household Income$117,000N/AN/A

Desert View Point, NV — ZIP Code Boundary Map

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